In case of online applications, your money is usually debited as soon as you complete the application process. However, we often receive it only on the next working day (T+1) as all collections are pooled together and and sent to us at one stroke by our payment gateway provider.

However, we currently offer the 'Direct Credit Facility' to Account Holders of the following Bank (Net Banking Transactions only...Not for Debit Card transactions):

HDFC Bank

This ensures that monies transferred by the Account holders of these Banks in the usual course via the Payment Gateway, will reach us virtually instantaneously. Consequently, Units of PPLTEF can be allotted on the same day (for all Purchases undertaken prior to 1:00 PM).

We intend to extend this facility to other Banks in due course.

In case of other banks, you may choose to first transfer money via NEFT/RTGS to our Collection Accounts and then apply online, quoting the Unique Transaction Receipt (UTR) No. in your Application.